Capital Markets

1918 Eighth Ave., a 668,886-square-foot office tower in the South Lake Union/Denny Triangle, was recently acquired for $625 million by Hudson Pacific Properties and Canada Pension Plan Investment Board.

The Denver-based investor buys a 601,000-square-foot multi-tenant industrial building in San Diego.

The two cities are a similar size, but benefit differently from the proximity to Los Angeles.

Bankruptcies and store closures will hit department stores and apparel retailers, but service and entertainment retailers won't be exempt.

The portfolio was part of Cabot's Industrial Core Fund and totaled 8 million square feet of high-quality midsize logistics facilities.

While vacancy rates have increased this year, they are still well below the long-term average of 5.2% to 5.4%

Multifamily and industrial pricing surge, while retail flounders.

Retail owners bet on service-based daily needs retailers as a defense against e-commerce. Now, those retailers are among the hardest hit during the pandemic.